In The World Of Trading And Online Shopping Trends.There

It can be served as a competitive advantage, which attracts more customers shifting from Amazon’s online retailer competitors into buying their products, thus increasing the market share.

Globalization is a growing part of everyday businesses. This is the process of interaction and integration among people, companies, and governments of different nations. With the world of online retail, the buying and selling to one person to another has grown drastically. There has also been a substantial change in technology and what we as people can do in today’s time rather than in the past. Amazon is a huge retail giant and buying and selling items is one of their key functions. The impact made on Amazon is nothing but an advantage. Amazon currently is the 56th largest company in America by market capitalization. Being one the largest retailer around, 15th in the nation at that, Amazon has made a name for themselves. Amazon has made some very substantial growths and with these opportunities they face they can make even more advances in the future. (Globalization 101, 2016)

Amazon focuses on global reach, putting customer first,, and extensive selection of products through its vision which is “To be Earth’s most customer-centric company, where customers can find and discover anything they might want to buy online” (Gregory 2016).

This sort of global expansion adds great complexity to the functionality of Amazon’s management, personnel, operation systems, technical performance, financial resources, and internal financial control and reporting functions. With the perplexity of current situations, Amazon may not be able to sustain growth effectively, which ultimately could bring damage to their reputation and limit their operating growth as well. .

within the industry. The trends relate to what products are available, who and how they are

The business environment is constantly effected by the global economy. This is because of the business cycle causing fluctuations with consumer spending patterns – relating to interest and inflation rates – as well as profitability of the company. Amazons sheer size and heavy dominance over its associated markets enable stability throughout the cycles. Despite changes in the global economy such as interest rates and inflation rates causing consumer spending patterns and disposable income to decrease – Amazon has maintained an increasing level of profit from 1999-2015 (Wikinvest.com, 2015). Thus showing that the global economic crisis of 2008 did not affect Amazons profits to large extent, on the whole. As UK and US markets were declining due

Exhibit #4 shows the huge amount of market share that Amazon has over its competitors in the retail service sector and exhibit #5 shows the market shares based on shipping revenues for the shipping competitors. With Amazon 's huge product list and supplies ranging from household items to cloud space, they are able to get the majority of the consumers to buy from them. This one stop shop mentality has really paid off for Amazon and its forward momentum only looks to

With that being said, Amazon will continue to have increased revenue growth and will eventually begin to generate profit.

Amazon is the largest internet-based retailer in the world. This American electronic commerce and cloud computing company. Amazon stock logged a massive gain of 118%, last year in the stock market. Amazon was able to post more than $100 billion in sales last year. The fact is that the company has major competitive

Apple’s main industries, personal computer, portable music player and mobile phone industries, are generally in the Shakeout Phase. These industries reflect Investopedia’s traits of a Shakeout Phase :

The Internet has changed and will continue to change how people shop and new competition through the Internet will continue to shape the market.

The company has many strengths. First, Amazon is the world’s leading online retailer. According to the 2016 Annual Report, Amazon had total net sales of US $135, 987 million in 2016. These total net sales include three segments which are North America, International, and AWS. Second, in comparison to many companies, Amazon has a superior logistics and distribution system, which allows the company to actualize improved customer fulfillment. Third, with its prolonged strategic drive on low-cost, differentiation, and focus, Amazon offers a wide range of product at low prices to customers. Fourth, Amazon enjoys global recognition from its customers. As stated earlier, Amazon built a strong brand in very little time. Finally, the

The aim of the research is to find the reasons for the expansion in use of online shopping and the factors that contributed to this growth.

Amazon has grown rapidly since their inception. The company experienced a surge is sales of 313% until 1998, supported by 8.4 million customer accounts in over 150 countries, of

More and more people have experienced shopping online and there are a increasing number of people who prefer E-Purchasing.